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The Key Difference Between Keynesian and Classical Economists Is

Question 21

Multiple Choice

The key difference between Keynesian and Classical economists is


A) Keynesians believe that monetary and fiscal policies are detrimental to the economy.
B) Keynesians believe wages and prices are perfectly flexible.
C) Keynesians favour a role for government in managing the economy.
D) Classical economists propose a "menu cost" model.
E) Classical economists favour a role for government in managing the economy.

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